Ethereum: Following the BTC patterns

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Ethereum is copying the Bitcoin pattern, as its rate increased by almost the same percentage. At the moment, the quotes are trading between the support zone at $155, which was formed on April, 2 and the resistance one at $170.

The Stochastic indicator is on the border of the neutral zone and has not yet reached the oversold zone. Today it is possible to resume growth and re-test level $170. This level will support the couple and will become the basis for continued growth.

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